Falcon Gold (TSXV:FG) ROCE % : -20.91% (As of Dec. 2023)

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What is Falcon Gold ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Falcon Gold's annualized ROCE % for the quarter that ended in Dec. 2023 was -20.91%.

Falcon Gold ROCE % Historical Data

The historical data trend for Falcon Gold's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Falcon Gold ROCE % Chart

Falcon Gold Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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-116.24

-66.06

-57.27

-31.82

Falcon Gold Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-30.40	-21.41	-35.37	-30.82	-20.91

Falcon Gold ROCE % Calculation

Falcon Gold's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	-0.781	/	( ( (2.654 - 0.432)	+	(3.419 - 0.732) )	/ 2 )
	=	-0.781	/	( (2.222	+	2.687)	/ 2 )
	=	-0.781	/	2.4545
	=	-31.82 %

Falcon Gold's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-0.548	/	( ( (3.206 - 0.649)	+	(4.021 - 1.336) )	/ 2 )
	=	-0.548	/	( ( 2.557	+	2.685 )	/ 2 )
	=	-0.548	/	2.621
	=	-20.91 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Falcon Gold (TSXV:FG) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Falcon Gold ROCE % Related Terms

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Falcon Gold (TSXV:FG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Falcon Gold Corp (TSXV:FG) » Definitions » ROCE %

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FGLDF:USA 3FA:Germany

Address

800 Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6

Website

https://www.falcongold.ca

Falcon Gold Corp is engaged in acquiring, exploring, and advancing quality mining projects in the Americas. Its projects include Esperanza Property, Central Canada Gold & Polymetalic Project, Camping Lake, Spitfire & Sunny Boy Claims, Burton Gold Property, and Springpole West Property.

Executives

Karim Rayani

Director